Subtitle of this chapter: They are poor because they are lazy

"Master Mueller's early years was as elegant and clear as the quality and energy formula. Both of them must know that he first proposed the concept of salary fund."

What is a wage fund? This is the minimum living expenses based on the standard that workers cannot starve to death... What, do you think they still have to support their families? This really underestimates the compassion of our capitalists. Their factories treat women and children equally. When they come, they have work to do, and when they have money, they can get it. If they have money, they will naturally not starve to death.

"Wages are determined by the supply and demand of labor. The supply of labor is the number of workers, and the demand of labor is the capital to purchase workers' labor. Under the premise of the free labor market, the supply and demand relationship will adjust wages to the wage fund."

This sentence means that if there are too many workers, the capitalist will be willing to pay less, but no matter how small it is, the workers will not starve to death, otherwise no one will be willing to do it.

"He also believes that the minimum wage or subsidy practices implemented by the government are of no practical use and cannot truly improve the wage environment."

Why should the government interfere with such a fairy and a free two-way choice? What is the minimum wage and tax subsidy? This is simply the biggest insult to the word freedom.

"Of course, as gentlemen, there is a moral responsibility for the lower class people not to climb out of the abyss of poverty and should not be ignored. Therefore, as long as the corresponding reward mechanism is adopted, hard-working people can get more rewards to make themselves and their families live a decent life. As for those lazy people... the free labor market will naturally eliminate them."

Yuan Yan suddenly bounced the ashes gently and said, "Malthus has said a long time ago that the real reason for poverty is the moral lowness of the poor. To get rid of poverty, they can only rely on diligence and... to suppress their reproductive impulses."

Does this still need translation? You are poor because you are lazy, and you are not living well because you have given birth to many. What a deafening truth.

What he said about Malthus is the one who proposed the "Theory of Population". However, as an economist in the 18th century, it is actually understandable to think so. At least he has not said like the gentlemen in the late Ming Dynasty, "If you don't be an ordinary mantis, you will be more like a mantis arm to block the chariot."

Our Master Yuan shook his head and said with a heartache: "But Master Muller was exposed to some bad thoughts after marriage. The fact that women's delicate minds cannot bear should be just a joke for a gentleman who can face life directly. It can only be said that no one is perfect, and he also began to turn to the other side of freedom. It is really heartbreaking."

"He was the first person in a rash mix of liberalism and socialism. It was this confusion that led to the decline of liberalism in Britain and reduced the living standards of the British people."

A classical liberal master actually married a feminist who was anti-traditional, anti-Christian, and even opposed marriage. It would be fine if he married, but he actually began to turn from freedom to fairness, and he also wanted to mix the irreconcilable two together. This can only say that the hero was sad and the beauty was locked up. Later, he became a member of the British MP and vigorously promoted the bill to improve the conditions of workers during his tenure.

This guy is simply a shame for liberalism!

Yuan Yan suddenly snatched out the cigarette hard and said sadly: "The articles he wrote in his later years that were more suitable for beautiful essays rather than rigorous works mentioned many times that as long as the salary is calculated based on working hours rather than on work performance, free capitalism will also encounter incentive problems."

"This statement is also one of the main pillars of left-wing thought in recent decades, attracting those little Bourgeois who don't even understand the theory of marginal utility value,"

The so-called "marginal utility value theory" simply means that the price is determined by the psychological expectations of both buyers and sellers. For example, if you think the boss's salary is lower, he still thinks it is higher. But you have not found a better job, and he has not found a better person, so you have to give it a try. His representative is Bombavik, who is also the founder of the first generation of Austrian school.

"Of course, because of the weakness of human nature, under the timed working system, the enthusiasm of workers to work is limited to keeping their jobs from being lost. But if he can do more, if his knowledge, ability and strength allow, he will seek positions with higher difficulty and higher income. He can also not do this because of laziness, but this is not the fault of society or capitalism."

“In motivating people to do their best to work, this system does everything it can do because it guarantees that everyone gets the fruits of their own labor!”

Yuan Yanshu thought to himself, you two have never seen the speed of new labor force pouring into the employment market and the 21st century with shocking update speeds of various knowledge. They are also college graduates, 27 or 28 years old, as senior employees at the age of 30, if they can't do well in PPT, they may be fired by the company; if they are over 34 years old, they will still be covered and left; if they are basically out of the company at the age of 40, they will probably have to "start a business" or work as a community security guard.

Is it possible that without a neoclassical liberal master like him who came out to endorse the capitalist's "free" behavior?

"Smack it..."

Professor Irving Adams gently clapped with his pipe in his mouth, expressing his satisfaction with his "proud student".

There is no way to be dissatisfied. This year is not the 21st century or the second half of the 20th century. There is neither Baidu Encyclopedia nor "History of Western Economics". In other words, if Yuan Yanshu was not a master's degree in economics in later generations, if he wanted to publish this high theory, he had to roughly read John Stuart Muller's works from early to later years. After reading it, he had to understand it. After understanding it, he had to refine the essence. After refining it, it was the last step to find out its theoretical logic loopholes.

Don’t look at these light words, it would be impossible for people at that time to learn from Wuche. This is the spirit of academic research and academic talent.

Yulian-h-Chandler held his eyes with his hands, looked Yuan Yanshu again, and asked, "Mr. Yuan, why haven't I seen you in my class?"

Of course it was because I went to eat, drink and have fun.

"Of course it's because of Professor Adams! He..." Master Yuan glanced at the somewhat cramped fat professor and said, "I have been very strict in my studies, especially after I failed the last master's thesis, so I have never had time to listen to the teachings in your class."

"But compared to dealing with numbers, I still prefer to study propositions that are more grand, metaphysical, and more closely related to the general fate of mankind. So I used my spare time to read and think more widely, which led to the prototype of this paper."

"Professor Adams is not unhappy about my youth, but also asked me to invite you to participate in the review and assessment, which makes me even more grateful. Of course, Professor Chandler's ability to take the time to come is also the greatest affirmation and encouragement to me."

"No matter whether I can apply for a doctorate degree in this paper, both of them are role models on my academic path."

As he said that, he stood up and bowed forty-five degrees to the two professors, and they nodded to the Chinese student with gratitude.

Is it okay to carry people in the flower sedan chair? It doesn’t matter if you say a few good words and say something, why not do it?
Chapter completed!